News

Personal Approach

It doesn’t matter how many technological advancements occur in the world of accounting, whether it is automated bank reconciliation, virtual document hubs, mobile expense tracking or online accounting portals, nothing can overtake the importance of being able to speak to another human being face-to-face or on the phone. The modern trend for contractor accountants is that they provide the latest in cutting edge technology,…

All contractors will at one time find themselves on the bench. This is the period between contracts when your latest assignment has finished, and your new contract has either yet to commence or yet to materialise. Being on the bench can be a desired move for many Ltd Company professionals, those who wish to take some time out, go travelling, or spend more time with the family etc. but for…

Switching Accountancy Provider

With the hangover of New Year’s Eve now a faint and distant memory, you will have undoubtedly witnessed the barrage of social media posts pledging to get rich quick or lose weight fast. Promises all tagged with that tired old caption, ‘new year, new me’. Now don’t get me wrong, if any of the people releasing these posts were actually to make a million pounds…

We speak with many contractors every day, and one of the most common questions we answer is how easy it is to submit business expense claims as a Qdos Accounting client. We strive to make the process of running a successful Ltd company as straightforward as possible and provide the right tools and guidance to make the most of your business expenses.

Tax implications of key person insurance

Companies may sometimes take out a policy (key person insurance) insuring them against loss of profits resulting from the death, critical illness, sickness, accident or injury of an employee, director or other ‘key person’. This could be a life policy taken out on a main director/shareholder to cover repayment of borrowings in the event of that person’s death.

How the VAT Flat Rate Scheme changes will affect you

In a week when Prime Minister Theresa May spoke at the CBI conference reassuring UK business of the government’s “unashamedly pro-business” agenda, it was Chancellor Philip Hammond’s turn to deliver his much-awaited first major financial statement on 23 November.